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<< >> English 中文 Русский 한국어 日本語 Español Français [2015-11-05 01:19:12] j8 : i see so bitcoin gets around all that [2015-11-05 01:19:13] joequant : also bitcoin is useful in kenya and useless in nigeria [2015-11-05 01:19:28] Murch : What's the biggest chinese alt exchange? [2015-11-05 01:19:45] joequant : don't know [2015-11-05 01:19:56] j8 : used to be btc38 or something like that [2015-11-05 01:20:10] joequant : nigeria has oil money and so they can do things in dollars. Kenya doesn't have oil so they can't. [2015-11-05 01:22:46] Murch : j8: aight thanks [2015-11-05 01:24:12] IChTj4OeMavRq6qeIyEb : Hey Murch [2015-11-05 01:24:16] hashman : market maker is gone? [2015-11-05 01:25:30] BitMEX_Sam : seems he's still there in 24 [2015-11-05 01:25:35] BitMEX_Sam : Just got the massive size it used [2015-11-05 01:25:39] BitMEX_Sam : used to be [2015-11-05 01:26:16] hashman : pretty untradeable now [2015-11-05 01:26:36] hashman : got liquidated during the dump because I couldn't close the position [2015-11-05 01:26:48] IChTj4OeMavRq6qeIyEb : hashman: Me too. It is what it is [2015-11-05 01:27:05] IChTj4OeMavRq6qeIyEb : I made a bad call to begin with and put myself in that situation [2015-11-05 01:27:11] hashman : yeah, i'm still up overall but it was a heavy loss. [2015-11-05 01:27:45] hashman : watching the liquidity disappear at the worst time was terrible [2015-11-05 01:28:00] chromaticcr : BitMEX_Sam: Iwonder if in anywhere there i could see the fair basis% of Bitmex [2015-11-05 01:28:25] IChTj4OeMavRq6qeIyEb : hashman: Always seems to be the case. Just have to be super careful with position sizing and entry [2015-11-05 01:28:35] chromaticcr : nice to see DPE is kept 0 after a night ride [2015-11-05 01:29:03] hashman : Ich - lesson learned for sure [2015-11-05 01:29:05] danzel14 : do i need deposite to start trading ? [2015-11-05 01:29:14] danzel14 : becsue its not show me any place for trading [2015-11-05 01:29:19] Yumi : chromaticcr: in Advane View, Instruments table, click arrow on left to expand view and you have all info there [2015-11-05 01:29:32] chromaticcr : th [2015-11-05 01:29:45] BitMEX_Sam : See also [2015-11-05 01:29:49] BitMEX_Sam : https://www.bitmex.com/app/contract/XBT24H [2015-11-05 01:31:28] IChTj4OeMavRq6qeIyEb : danzel14: Yes you do [2015-11-05 01:31:34] Murch : IChTj4OeMavRq6qeIyEb: Hey dude, guess what? I screwed myself. [2015-11-05 01:31:48] danzel14 : so i need deposite first ? and what minim deposite ? [2015-11-05 01:32:24] Murch : only got .015 left in withheld profit that clears either on Friday or next month or something [2015-11-05 01:32:31] IChTj4OeMavRq6qeIyEb : Murch: Oh no. Sorry to hear that [2015-11-05 01:32:48] IChTj4OeMavRq6qeIyEb : I messed up two and now I'm down 2 coins. Slowly making my way back but it will take a while [2015-11-05 01:32:50] Murch : IChTj4OeMavRq6qeIyEb: It's all good, all due to my own stupidity after all [2015-11-05 01:33:03] Murch : shiiit :( [2015-11-05 01:33:07] IChTj4OeMavRq6qeIyEb : Murch: Same haha. It's a learning opportunity [2015-11-05 01:33:23] Murch : Yep always gotta really take the lessons to heart [2015-11-05 01:33:25] IChTj4OeMavRq6qeIyEb : I'm up .2373 over the past two hours so I think this is doable [2015-11-05 01:34:41] joequant : It must be institutional investors in China that's pumping. [2015-11-05 01:34:54] joequant : It spiked the moment the brokerages opened. [2015-11-05 01:35:08] chromaticcr : Trading from their lefthand to the right hand [2015-11-05 01:35:13] Murch : IChTj4OeMavRq6qeIyEb: That's definitely a start, good luck dude [2015-11-05 01:35:31] mikeh : did whale club teamspeak go down? [2015-11-05 01:35:39] chromaticcr : To those trader, bitcoin's volume is paper-thin lol [2015-11-05 01:35:40] IChTj4OeMavRq6qeIyEb : Murch: Thanks man. I'm being a lot more risk adverse with my position sizes and entry prices now for sure [2015-11-05 01:35:47] Murch : I guess I'm gonna be trading on Finex for the time being though. [2015-11-05 01:35:55] messiaen8844 : that was a god ride today [2015-11-05 01:35:59] messiaen8844 : good [2015-11-05 01:35:59] BitMEX_Sam : mikeh: Yeah they're rebooting it [2015-11-05 01:36:02] Murch : IChTj4OeMavRq6qeIyEb: Yep definitely needed a slap from reality. [2015-11-05 01:36:03] BitMEX_Sam : Some traders on our TS at ts.bitmex.com [2015-11-05 01:36:08] messiaen8844 : too bad I had to exit when the main action ocurred [2015-11-05 01:36:17] IChTj4OeMavRq6qeIyEb : Murch: It was loud and clear [2015-11-05 01:36:28] Murch : BitMEX_Sam: Do you guys have plans to try to include service to US in the future? [2015-11-05 01:36:53] IChTj4OeMavRq6qeIyEb : Murch: Look at Finex go and China follow [2015-11-05 01:36:55] joequant : I'm guessing there is some state-owned company that is having a side business investing in bitcoin. [2015-11-05 01:37:03] BitMEX_Sam : If anything changes in how we restrict service we'll send an email around [2015-11-05 01:37:04] Murch : IChTj4OeMavRq6qeIyEb: Wow yeah this is good stuff [2015-11-05 01:37:17] joequant : Chinese SOE's are very precise in timing. They have nap time. [2015-11-05 01:37:21] IChTj4OeMavRq6qeIyEb : Murch: Just wish I had used a bit more of my leverage now haha [2015-11-05 01:37:26] IChTj4OeMavRq6qeIyEb : Playing it safe though [2015-11-05 01:37:32] Murch : BitMEX_Sam: alright thanks, but is that a goal you are actively pursuing or just might happen if it happens kinda thing? [2015-11-05 01:37:51] Murch : IChTj4OeMavRq6qeIyEb: Yeah I feel you on that. Not used to this tiny leverage on finex [2015-11-05 01:37:52] BitMEX_Sam : Murch: Can't really discuss it, sorry [2015-11-05 01:37:55] Murch : But it's for the best [2015-11-05 01:38:04] Murch : BitMEX_Sam: Alright that's cool, no worries then. [2015-11-05 01:38:23] wurstgelee : well...wtf. [2015-11-05 01:38:31] IChTj4OeMavRq6qeIyEb : wurstgelee: Were you short? :p [2015-11-05 01:38:40] wurstgelee : no [2015-11-05 01:38:43] wurstgelee : small lo [2015-11-05 01:38:47] wurstgelee : wish it was bigge [2015-11-05 01:38:51] IChTj4OeMavRq6qeIyEb : Same here [2015-11-05 01:38:53] wurstgelee : r =) [2015-11-05 01:38:54] messiaen8844 : got $60 dollars on friday weekly today ;), too bad not enoughliquidity [2015-11-05 01:39:02] messiaen8844 : so just 1.5k contracts [2015-11-05 01:39:33] wurstgelee : oh well...profit is profit. have to cope with losses [2015-11-05 01:40:22] AudibleScience : jung1: oh hey man... you still here? [2015-11-05 01:41:21] IChTj4OeMavRq6qeIyEb : Wish I had a larger position for that but I made .043 so that's something [2015-11-05 01:41:56] jung1 : yep [2015-11-05 01:42:06] wurstgelee : had 1500, was, made ..2 i think. happy with that =) [2015-11-05 01:42:36] IChTj4OeMavRq6qeIyEb : wurstgelee: Nice. That's the size position I should have had but I wasn't sure at first [2015-11-05 01:42:50] messiaen8844 : 440 good point to short a bit [2015-11-05 01:42:53] AudibleScience : jung1: I did hack a few local versions of it... you can have the code if you want? [2015-11-05 01:43:02] IChTj4OeMavRq6qeIyEb : Looks like Finex wants to keep going perhaps and China will likely follow so may get back in [2015-11-05 01:43:06] IChTj4OeMavRq6qeIyEb : Small position again [2015-11-05 01:43:14] jung1 : shure if its no problem for you [2015-11-05 01:43:34] wurstgelee : ggl, that went too fast i think, i will sit and wait [2015-11-05 01:43:59] IChTj4OeMavRq6qeIyEb : Fat finger. Whoops [2015-11-05 01:44:47] AudibleScience : jung1: not at all man! it's really not that much to add... [2015-11-05 01:45:05] messiaen8844 : don't think we'll see $ 500 that soon [2015-11-05 01:45:20] wurstgelee : i dont =) but then again..crazy dayas [2015-11-05 01:45:20] messiaen8844 : people not used to bitcoin will be scared after today [2015-11-05 01:45:45] wurstgelee : nothing happened. we went up and down to the same point 24 later [2015-11-05 01:45:48] wurstgelee : all fine ;) [2015-11-05 01:48:03] AudibleScience : jung1: this should tidy it up for you a bit man... don't know if it will paste into here though lol but I'll have a go! #leftbar { width: 110px; } a.link_premium { display: none; } li.logo { display: none; } li.ticker { display: none; } a.link_register { display: none; } a.link_login { display: none; } [2015-11-05 01:48:20] BitMEX_Sam : Hah, while that worked, please use gist or pastebin [2015-11-05 01:48:27] IChTj4OeMavRq6qeIyEb : lol [2015-11-05 01:48:44] AudibleScience : lol sorry! [2015-11-05 01:53:16] jung1 : hehe yeah would be bette [2015-11-05 01:54:50] AudibleScience : jung1: here you go man http://pastebin.com/N0JDB3h0 [2015-11-05 01:55:19] AudibleScience : BitMEX_Sam: Yeah that is much better sorry Sam! [2015-11-05 02:00:10] 598X0T45 : would it be possible to have it so a user could set which market they start out on when they log in? the 24h thing has messed with me a few times cause I do weeklies usually [2015-11-05 02:00:47] SnackyCoins : Be careful when placing orders :) [2015-11-05 02:01:22] 598X0T45 : yeah just would be a nice small change [2015-11-05 02:01:42] SnackyCoins : true, could store last-contract in user data [2015-11-05 02:02:02] SnackyCoins : I usually notice what contract i'm on because of the price lol [2015-11-05 02:02:32] chromaticcr : BitMEX_Sam: recent volitility makes me wonder how the fair basis is being determined. like what factors? Seems to me been quite a fair indicative thing even without much trades and follow the volitility of the spot/index well [2015-11-05 02:03:00] BitMEX_Sam : chromaticcr: We've documented the algo now: https://www.bitmex.com/app/dynamicProfitEqualisation#fair-price-marking [2015-11-05 02:03:16] chromaticcr : thanks [2015-11-05 02:03:25] SnackyCoins : just realized all the basis is gone [2015-11-05 02:08:21] IChTj4OeMavRq6qeIyEb : SnackyCoins: Yep most of it disappeared when OKCoin dumped down to 2760 [2015-11-05 02:09:01] SnackyCoins : we still have $20 premium though, nice 8) [2015-11-05 02:10:55] messiaen8844 : not a bad daily candle [2015-11-05 02:11:49] stf28 : BitMEX_Sam: thanks so much ! [2015-11-05 02:12:20] wurstgelee : messiaen8844: yep, daily chart still looks sexy [2015-11-05 02:12:35] Crypto Wealth : BitMEX_Sam: +1 for the fair price marking. :-) [2015-11-05 02:13:13] BitMEX_Sam : Yeah it's been a big improvement. The weighted mid price changes are only on 24H so far but working well [2015-11-05 02:13:30] messiaen8844 : we may go symetrical all the way back up [2015-11-05 02:13:37] Crypto Wealth : BitMEX_Sam: you guys are running a top notch exchange! Thanks! [2015-11-05 02:13:46] billyboy402 : sorry where the index price listing , again [2015-11-05 02:13:53] chromaticcr : what would happen if the orderbook is thinner than the impact volume? [2015-11-05 02:14:12] messiaen8844 : bicoin circuit break lol [2015-11-05 02:14:50] billyboy402 : https://www.bitmex.com/app/index/.XBT i found it [2015-11-05 02:16:17] lockhedge : some stats of our experimental $10 market maker bot: started with 0.0433 BTC ($10), did 1799 trades worth 74.22 BTC (>$30.000) in 36 days, payed 0.011 BTC fees (25% of capital) to BitMEX, Balance today: 0.1041 BTC ($45.38) [2015-11-05 02:17:14] IChTj4OeMavRq6qeIyEb : lockhedge: Very nice [2015-11-05 02:18:29] kilrari : Cool! Wonder how it handles bigger capital with such large spreads [2015-11-05 02:20:58] mikeh : 740% atm, I'll prob still be in the neg by the end of the day :] [2015-11-05 02:22:38] IChTj4OeMavRq6qeIyEb : mikeh: That's impressive. You could withdraw some of your profit to guarantee a positive day [2015-11-05 02:23:15] billyboy402 : is sam in his TS [2015-11-05 02:24:02] mikeh : letting it ride with a stop limit that i hope will kick in for a change to guarantee some return [2015-11-05 02:24:07] messiaen8844 : i feel disturbance in the force [2015-11-05 02:24:42] nickhnt : Oh boys what a day [2015-11-05 02:24:57] joequant : what a lovely day :-) [2015-11-05 02:25:09] nickhnt : Should ve kept my short opened [2015-11-05 02:25:17] nickhnt : xd [2015-11-05 02:25:31] messiaen8844 : too bad i Had to work [2015-11-05 02:26:00] nickhnt : At least i got out right before the mega dump started [2015-11-05 02:26:36] messiaen8844 : yes, sold last 10 BTC at $ 500 in brazilian exchange [2015-11-05 02:27:08] messiaen8844 : got some shorting but missed the action due to work and real life [2015-11-05 02:27:11] nickhnt : Congratz :) [2015-11-05 02:27:45] messiaen8844 : not really congrats, I took profits way too early from my longs [2015-11-05 02:27:52] nickhnt : Lost 8 btc today but thats okay xd [2015-11-05 02:28:08] messiaen8844 : could have earned much more but got scared [2015-11-05 02:28:30] nickhnt : Yeah dont tell me about it.. I opened a short at 534 [2015-11-05 02:28:39] nickhnt : Got out too early [2015-11-05 02:28:42] messiaen8844 : mine was 541 ;) ;) [2015-11-05 02:29:06] messiaen8844 : but couldn hold it, did about 1.5 btc only [2015-11-05 02:29:17] nickhnt : Ah thats cool [2015-11-05 02:29:29] nickhnt : I made 1 btc from that short too [2015-11-05 02:30:43] nickhnt : Tomorrow will be crazier with the auction and stuff [2015-11-05 02:30:55] nickhnt : I dont think that ill trade [2015-11-05 02:31:05] messiaen8844 : yes, the big whales may let things go up then BAAM [2015-11-05 02:31:30] nickhnt : For suree [2015-11-05 02:31:40] messiaen8844 : thats the scariest of bitcoin, there are people with way too much bitcoin lol [2015-11-05 02:32:20] j8 : but there are also way too many people with none [2015-11-05 02:32:40] nickhnt : Its the 1%, lol [2015-11-05 02:34:02] nickhnt : More dump action [2015-11-05 02:35:42] messiaen8844 : cool $ 10 on short [2015-11-05 02:35:45] messiaen8844 : tesing that 440 [2015-11-05 02:37:33] nickhnt : Strange that huobi is not following the dump as hard as bitfinex [2015-11-05 02:38:00] messiaen8844 : yes, wall street vs china [2015-11-05 02:38:03] joequant : I don't think it is strange. [2015-11-05 02:38:31] joequant : ironically a lot of the people that run bitfinex work in Hong Kong [2015-11-05 02:38:32] messiaen8844 : up now [2015-11-05 02:38:46] joequant : But they cater to a western audience. [2015-11-05 02:39:29] nickhnt : Yeah thats true [2015-11-05 02:40:05] messiaen8844 : second monitor needed for china chart ;) [2015-11-05 02:40:16] dynamike23 : the dumps are stronger on okcasino [2015-11-05 02:40:47] joequant : okcoin is more trader focused. They have tools like stop loss orders. [2015-11-05 02:40:49] nickhnt : Going to sleep, tomorrow will be heavy [2015-11-05 02:40:59] joequant : huobi and btcc are more retail [2015-11-05 02:41:19] chromaticcr : joequant: Ithought ok was gambeler focused [2015-11-05 02:41:23] dynamike23 : joequant: didn't know that, thx for the info [2015-11-05 02:41:42] messiaen8844 : lol @ the spread now, damn market bot [2015-11-05 02:41:53] ayy lmao : lol [2015-11-05 02:41:58] joequant : trader/gambler in china those two aren't that different. [2015-11-05 02:42:13] joequant : the except that gamblers are worse at trading. [2015-11-05 02:42:26] messiaen8844 : hint : never hit market cose ;) [2015-11-05 02:42:42] SnackyCoins : they aren't different everywhere [2015-11-05 02:42:46] joequant : huobi is going for retail brokerage customers. btcc is specializing in payments [2015-11-05 02:42:49] SnackyCoins : opening a business is a gamble too [2015-11-05 02:43:12] joequant : 796 is going into the professional futures market [2015-11-05 02:43:41] chromaticcr : they are trying to do what 1broker is doing [2015-11-05 02:44:44] SnackyCoins : somebody say 1broker? https://goo.gl/4Z50mS [2015-11-05 02:45:14] chromaticcr : dont have to click to know that it is a referral link ;) [2015-11-05 02:45:24] SnackyCoins : 8) [2015-11-05 02:45:30] joequant : it helps 796 that futures with cash is highly restricted. futures with bitcoin is not [2015-11-05 02:46:12] joequant : the chinese government is encouraging this sort of thing because if your broker goes under you'll ask for a bailout from the government. [2015-11-05 02:46:27] joequant : if you lose your money with 796, tough luck. [2015-11-05 02:46:55] joequant : hell if 796 steals your money, the government ain't going to do much. [2015-11-05 02:47:03] joequant : except laugh at you [2015-11-05 02:47:44] SnackyCoins : 796 was my vote for "most likely to get hacked next 2015" but they have actually been pretty rock solid [2015-11-05 02:48:04] SnackyCoins : and caution with deposits goes for any of the chinese exchanges [2015-11-05 02:48:14] messiaen8844 : so, how does bids for auction occur? [2015-11-05 02:48:26] messiaen8844 : what is the time of bids or have they closed already? [2015-11-05 02:49:14] joequant : the nice thing about the chinese exchanges is that they all hate each other. [2015-11-05 02:49:17] SnackyCoins : it's wednesday night in america, i think they are supposed to happen tomorrow [2015-11-05 02:49:25] SnackyCoins : joe: why would you say that? [2015-11-05 02:49:42] SnackyCoins : the smaller exchanges are remarketing okc's books [2015-11-05 02:49:54] messiaen8844 : they all hate us with all tha fake volume ;) [2015-11-05 02:49:59] joequant : If you ask people at okcoin about huobi and btcc, you'll get a ton of dirt. [2015-11-05 02:50:13] joequant : works the other way. [2015-11-05 02:50:16] SnackyCoins : they usually all make statements together on big issues like bitcoin xt [2015-11-05 02:50:21] messiaen8844 : i think that is way too sketchy and too bad fo bitcoin that we cant have god volume metrics [2015-11-05 02:50:36] SnackyCoins : there are lies, damn lies, and chinese bitcoin exchange volumes [2015-11-05 02:50:57] joequant : I don't see why exchange volumes are so important unless you are a VC [2015-11-05 02:51:16] joequant : it's only important if you want to invest and are looking for a proxy for income. [2015-11-05 02:51:29] SnackyCoins : its to attract traders [2015-11-05 02:51:32] messiaen8844 : volume is also a trading indicator [2015-11-05 02:52:01] messiaen8844 : regulated markets can't do that fake volume, seeling to each other [2015-11-05 02:52:21] joequant : you really believe that? [2015-11-05 02:52:33] joequant : What you do is to put in a market making bot [2015-11-05 02:52:42] messiaen8844 : well, not that blatantly [2015-11-05 02:52:46] micmix : volume on zero-fee exchanges is meaningless. our bots on OKC do crazy volume with not that much capital [2015-11-05 02:52:47] joequant : And just tell the regulator that you are increasing liquidity [2015-11-05 02:54:12] messiaen8844 : indeed thanks for the enlightnment ;) [2015-11-05 02:54:33] joequant : unless you are price fixing the regulator doesn't care, and neither does anyone else. [2015-11-05 02:54:39] micmix : and you can't say it's 'fake' volume unless it's the exchange itself trading [2015-11-05 02:54:46] joequant : it could be that your bot actually does increase liquidity [2015-11-05 02:55:07] joequant : nasdaq and nyse don't self-trade [2015-11-05 02:55:23] joequant : But all the investment banks have internal exchanges that do. [2015-11-05 02:55:42] joequant : And the volume on those can be higher than the public exchanges. [2015-11-05 02:56:36] joequant : oddly enough the main purpose of an exchange is not to exchange bitcoin or shares. [2015-11-05 02:56:41] joequant : it's for price discovery. [2015-11-05 02:57:39] messiaen8844 : action [2015-11-05 02:58:55] messiaen8844 : love symetry [2015-11-05 03:10:09] mikeh : you should see my balls [2015-11-05 03:10:33] messiaen8844 : china breaks 3080 = all in [2015-11-05 03:12:17] messiaen8844 : next stop 470 [2015-11-05 03:13:25] wurstgelee : 480 [2015-11-05 03:13:31] wurstgelee : go all in ;) [2015-11-05 03:14:35] mikeh : 1000% but only 1500 contracts [2015-11-05 03:15:19] mikeh : setting myself up to fail [2015-11-05 03:18:12] zanza : messiaen8844: get ready [2015-11-05 03:19:59] messiaen8844 : son [2015-11-05 03:20:01] messiaen8844 : soon [2015-11-05 03:26:52] messiaen8844 : replay [2015-11-05 03:26:53] messiaen8844 : https://www.youtube.com/watch?v=RDrfE9I8_hs [2015-11-05 03:29:26] floopfloop : is admins on? [2015-11-05 03:32:43] messiaen8844 : ggogo [2015-11-05 03:34:27] BitMEX_Wally : floopfloop: Hello [2015-11-05 03:34:35] floopfloop : Hi Wally [2015-11-05 03:34:43] joequant : get ready for the post-lunch crash. [2015-11-05 03:34:45] floopfloop : BitMEX_Wally: Are you able to see my recent deposit? [2015-11-05 03:34:46] messiaen8844 : those admins don't sleep lol? [2015-11-05 03:34:51] BitMEX_Wally : floopfloop: Let me check [2015-11-05 03:35:29] joequant : So you have a chinese institutional bitcoin trader. He made money this morning, he had a nice big lunch and he is going to sell. [2015-11-05 03:36:33] laisee : whats his name? maybe we can talk him out of it. [2015-11-05 03:36:36] messiaen8844 : good theory [2015-11-05 03:36:41] BitMEX_Wally : floopfloop: I see a deposit that confirmed 4 hours ago [2015-11-05 03:36:51] floopfloop : no its more recent [2015-11-05 03:37:00] floopfloop : I am not seeing it on the blockchain [2015-11-05 03:37:10] BitMEX_Wally : Ahh well, then we won't see it either :) [2015-11-05 03:37:23] floopfloop : gah [2015-11-05 03:38:14] BitMEX_Wally : The moment we see it on the blockchain we add a pending transaction to your account [2015-11-05 03:38:19] BitMEX_Wally : I think we send an email too [2015-11-05 03:38:23] BitMEX_Wally : Then after 1 confirmation it is credited [2015-11-05 03:38:31] messiaen8844 : how is bitcoin network holding these days wally? [2015-11-05 03:38:43] floopfloop : its a scam dude [2015-11-05 03:38:59] BitMEX_Wally : Bitcoin network is holding fine, you just need to make sure there is a high enough tx fee on your transactions :) [2015-11-05 03:39:00] floopfloop : bitcoin is a scam [2015-11-05 03:39:10] floopfloop : sell your wives and your children [2015-11-05 03:39:47] messiaen8844 : bitcoin is a scam, blockchain iswonderful [2015-11-05 03:39:58] messiaen8844 : when it all goes bad, blame bitcoin no the chain [2015-11-05 03:40:15] BitMEX_Wally : Yeah forget bitcoin. You should invest in blockchain shares [2015-11-05 03:40:26] SnackyCoins : fintech tokens [2015-11-05 03:40:30] BitMEX_Wally : These magic tokens that move around on the blockchain [2015-11-05 03:41:03] messiaen8844 : ChainMEX [2015-11-05 03:41:11] messiaen8844 : you should rebrand [2015-11-05 03:41:46] messiaen8844 : first I heard"bitMEX" i was sure it was like the biggest exchange in mexico [2015-11-05 03:42:33] dynamike23 : bitmexi [2015-11-05 03:42:35] IChTj4OeMavRq6qeIyEb : Mercantile EXchange [2015-11-05 03:45:16] messiaen8844 : Silk Road Exchange, now that's a cool name ;) [2015-11-05 03:46:07] messiaen8844 : cool, market bot jst fucked us? [2015-11-05 03:46:15] zanza : `XBT4D` has sparse orderbook [2015-11-05 03:46:20] zanza : 7d* [2015-11-05 03:47:13] SnackyCoins : so add some [2015-11-05 03:47:26] zanza : =P [2015-11-05 03:47:38] SnackyCoins : everyone wants liquidity and there is very little, that puts you at an advantage [2015-11-05 03:49:00] SnackyCoins : there i lowered the spread for you on 7d [2015-11-05 03:49:05] SnackyCoins : 8) [2015-11-05 03:50:10] zanza : Huobi just dumped [2015-11-05 03:50:35] zanza : brave move @SnackyCoins [2015-11-05 03:51:27] SnackyCoins : i guess 8) have to play to win [2015-11-05 03:52:18] SnackyCoins : 476.52 too high? [2015-11-05 03:52:45] messiaen8844 : more volatility = less posts in reddit bitcoin because everyons watching the price ;) [2015-11-05 03:53:06] SnackyCoins : here i came down more [2015-11-05 03:53:10] SnackyCoins : 474.93 [2015-11-05 03:53:35] SnackyCoins : no buyers? [2015-11-05 03:54:22] SnackyCoins : what do you want to buy at? 8) [2015-11-05 03:54:54] messiaen8844 : blockchain shares [2015-11-05 03:54:59] messiaen8844 : are you selling that as welll? [2015-11-05 03:55:11] SnackyCoins : whatever you want to call them lol [2015-11-05 03:55:15] SnackyCoins : order is on the books [2015-11-05 04:01:32] ohmannomma : no action? [2015-11-05 04:03:40] mikeh : stop limits rejected when they triggered, why [2015-11-05 04:13:51] mikeh : nevermind, seems it was because my limit price was below order price, thought that would be equiv of selling at market but was rejected [2015-11-05 04:14:11] mikeh : only after trigger was hit, should have been when stop limit was placed [2015-11-05 04:22:25] BitMEX_Wally : mikeh: We have changed the risk system so that the risk checks are done with the StopLimit is triggered [2015-11-05 04:22:52] BitMEX_Wally : We can now support Stop Market orders, we will update the GUI soon [2015-11-05 04:23:10] mikeh : more like error check - yeah looking forward to t [2015-11-05 04:23:16] mikeh : th [2015-11-05 04:23:26] mikeh : wow, chat isn't even working for [2015-11-05 04:24:41] messiaen8844 : ok, chinese took dump post-lunch, now time to buy again lol [2015-11-05 04:25:03] joequant : actually that was the first dump [2015-11-05 04:25:13] joequant : There will be a second one [2015-11-05 04:25:16] messiaen8844 : no nerves to buy at that dip [2015-11-05 04:25:24] joequant : That was the pre-lunch / naptime dip [2015-11-05 04:25:35] joequant : there will be a bigger post lunch. [2015-11-05 04:25:59] joequant : (And I mean naptime literally, if you work in an state company, you get naptime.) [2015-11-05 04:26:33] j8 : communism's not so bad eh [2015-11-05 04:26:44] joequant : a lot of this is guesswork [2015-11-05 04:26:55] laisee : and free tea, delivered to your desk ... [2015-11-05 04:27:03] joequant : mapping what I know about how companies work to the charts. [2015-11-05 04:27:21] joequant : china is this werid mix of communism and capitalism [2015-11-05 04:27:35] messiaen8844 : any regular time of higher volume in china? [2015-11-05 04:27:53] joequant : still trying to map this out. [2015-11-05 04:27:57] chromaticcr : Well thats what we call China styled communism [2015-11-05 04:28:03] laisee : commnist poliitcst, capitalist economics [2015-11-05 04:28:12] j8 : communist naps [2015-11-05 04:28:18] joequant : it's differne tfrom the past [2015-11-05 04:28:49] messiaen8844 : more like mixed economy, they do plan a lot, keynes-style [2015-11-05 04:28:52] joequant : Also, party members will put their communist party member on the resumes they send to JPMorgan [2015-11-05 04:29:10] joequant : And the most bizarre thing is that it helps you get a job at Goldman and JPMorgan. [2015-11-05 04:29:16] laisee : I didn't see anything about naps in Max's writings. A nice touch. [2015-11-05 04:29:29] messiaen8844 : Groucho Marx? [2015-11-05 04:29:54] laisee : Its funny stuff, all right [2015-11-05 04:30:11] mikeh : goldman sachs likes to own politican [2015-11-05 04:31:14] messiaen8844 : Grouchman Marx [2015-11-05 04:33:06] IChTj4OeMavRq6qeIyEb : Watch the woodchipper go [2015-11-05 04:33:37] messiaen8844 : okcoin [2015-11-05 04:33:42] messiaen8844 : lol, now I got it [2015-11-05 04:33:46] messiaen8844 : fuck [2015-11-05 04:34:09] chromaticcr : I wonder how our neighbour got the name woodchipper [2015-11-05 04:34:44] messiaen8844 : fucking [2015-11-05 04:35:10] messiaen8844 : ADMIN PLEASE INCLUDE a replace BITCOIN = BLOCKCHAIN SHARES [2015-11-05 04:35:28] messiaen8844 : wall street will get en mass here [2015-11-05 04:35:53] joequant : I'm pretty sure whoever is dumping is working somewhere that has naptime. [2015-11-05 04:36:15] messiaen8844 : or they have associates [2015-11-05 04:36:20] messiaen8844 : fellow woodchippers [2015-11-05 04:36:36] joequant : If they were 100% capitalist they be more careful about dumping at the same time. [2015-11-05 04:36:46] chromaticcr : what if they are planned and work on shift [2015-11-05 04:36:54] joequant : It kills their profits. [2015-11-05 04:37:01] joequant : They are working in shifts. [2015-11-05 04:37:15] joequant : The dumps are exactly when brokers go on and off work. [2015-11-05 04:37:16] messiaen8844 : work during shit? [2015-11-05 04:37:46] joequant : But they are working somewhere that lunch is more important than getting maximum price. [2015-11-05 04:38:02] laisee : communiss brokers? [2015-11-05 04:38:33] joequant : brokers working for an state-owned enterprise. [2015-11-05 04:38:43] joequant : or a family office [2015-11-05 04:39:44] joequant : just guessing here, but I remember last year, the mornings were quiet and the action haapened in the evening when you had students and part-time traders. [2015-11-05 04:40:38] chromaticcr : I am in the communist timezone [2015-11-05 04:47:48] dynamike23 : set sail for fail [2015-11-05 04:48:20] Scottv53 : morning folks [2015-11-05 04:51:41] messiaen8844 : damn, how to trade this shit w [2015-11-05 04:52:20] IChTj4OeMavRq6qeIyEb : messiaen8844: 1. Look for breakdowns, 2. Short heavily, 3. Profit? [2015-11-05 04:53:15] HotDogs : Buy low, sell high; sell high, buy low [2015-11-05 04:53:17] IChTj4OeMavRq6qeIyEb : t0% of the time it works everytime [2015-11-05 04:53:21] IChTj4OeMavRq6qeIyEb : *50% [2015-11-05 04:53:38] messiaen8844 : got liquidated in a nasty long , one second later it goes up a lot lol [2015-11-05 04:53:49] dynamike23 : moar dumps [2015-11-05 04:55:40] ethexio : Rip [2015-11-05 05:03:33] lockhedge : how could XBX be lower than all reference exchanges? https://twitter.com/RobotFinance/status/662129734768336896 [2015-11-05 05:04:08] dynamike23 : gentlemen [2015-11-05 05:04:35] dynamike23 : lockhedge: just a question, what language is your mm bot written in? [2015-11-05 05:06:28] lockhedge : python and php (it's just a fast written prototype, you should use a more low level language if you fight for every millisecond) [2015-11-05 05:06:43] dynamike23 : cool, thanks for sharing [2015-11-05 05:08:56] lockhedge : php works great with websockets, it's faster and more stable than python (but i'm not a python expert) you can start with Sam's open source script https://github.com/BitMEX/market-maker [2015-11-05 05:09:22] dynamike23 : yeah i was looking at that, was planning on doing something for funsies [2015-11-05 05:10:01] Satoshi : lockhedge: can you share your bot ? [2015-11-05 05:10:46] dynamike23 : Satoshi: i wouldn't expect that unless you paid for it, even so [2015-11-05 05:11:21] lockhedge : we will open source most parts of the bot, starting with our BIX index [2015-11-05 05:11:28] Satoshi : dynamike23: making it open source is good idea for devs to make it better i think [2015-11-05 05:12:14] dynamike23 : Satoshi: i don't disagree with you, but i can understand that some parts would be proprietary [2015-11-05 05:12:49] joequant : I've got an open source bot. [2015-11-05 05:12:50] Satoshi : dynamike23: yes of course. trade secrets :P [2015-11-05 05:13:02] joequant : download algobroker from pypi [2015-11-05 05:13:11] joequant : some assembly required [2015-11-05 05:13:17] dynamike23 : joequant: good experience with it so far? [2015-11-05 05:13:28] joequant : it's pretty basic [2015-11-05 05:13:40] lockhedge : Satoshi: one of the main new problems for mm is reverse engineering, we incorporate some randomness as insurance against that + we share our data and (parts of our code) early to test if we are on the right way. [2015-11-05 05:13:43] joequant : but the important thing that the bot does is to text me when it does something. [2015-11-05 05:14:26] Satoshi : joequant: ill try that out, thanks [2015-11-05 05:14:35] Satoshi : lockhedge: yes i understnad [2015-11-05 05:14:56] lockhedge : Satoshi: nice nick btw :) [2015-11-05 05:14:59] joequant : the bot itself has one strategy in the package, which is to cancel all orders if the market moves more than x% [2015-11-05 05:15:34] dynamike23 : joequant: neat, if it isn't too tough to implement some of my ideas then that should be good to start [2015-11-05 05:16:06] dynamike23 : thanks for sharing [2015-11-05 05:31:07] Satoshi : found this bot, its paid : https://www.haasonline.com [2015-11-05 05:32:42] lockhedge : Satoshi: did you see this one? https://github.com/michaelgrosner/tribeca [2015-11-05 05:35:23] micmix : lockhedge: I couldn't add your index to our system, our servers cannot connect with TLS handshake error [2015-11-05 05:36:31] mikeh : attempted short at 450, was pipped so i left it... eediot [2015-11-05 05:37:07] Satoshi : lockhedge: ill check that , thanks [2015-11-05 05:38:24] lockhedge : micmix: you are currently connecting through our CloudFlare CDN/firewall, check the SSL cert info https://robotfinance.org/api/bix_alpha/ [2015-11-05 05:39:04] lockhedge : micmix: we won't use CloudFlare when in beta [2015-11-05 05:41:52] micmix : lockhedge: can you enable http access for now? the index is public anyway and I don't care about men in the middle attack for now [2015-11-05 05:41:56] Satoshi : lockhedge: i will try to implement bitmex api on that one, it looks cool [2015-11-05 05:42:58] laisee : making money on ETH && losing money on XBT. has the whole world gone mad ... [2015-11-05 05:43:13] lockhedge : Satoshi: cool, maybe talk to Sam, i think he already has started with BitMEX implementation [2015-11-05 05:44:04] dynamike23 : lockhedge: thanks for the share, node.js is interesting [2015-11-05 05:44:04] lockhedge : micmix: sorry, you have to get SSL working on your side then or wait until beta ;) [2015-11-05 05:44:20] SnackyCoins : node js is best js [2015-11-05 05:45:55] micmix : lockhedge: I'm not sure why it doesn't work, same servers work with 10+ exchanges over https with zero issues. I guess I'll wait for beta and check again before spending more time on it. [2015-11-05 05:46:31] mikeh : fuck, liquidated the moment i hit buy because i had isolate on from earlier, where's the protection against that? [2015-11-05 05:46:58] micmix : BitMEX_Wally, can you answer a question about websocket API? [2015-11-05 05:47:24] guywithanicebike : mikeh: Order Controls -> Order Options -> Cross Margin [2015-11-05 05:47:57] mikeh : yeah i know I can set that but I switch it on and off all the time, if i forget that it's on isolate I get screwed, no warning message [2015-11-05 05:48:09] guywithanicebike : yeah they need to do something about that [2015-11-05 05:48:19] guywithanicebike : shit's dangerous [2015-11-05 05:48:42] mikeh : i've learnt like 5 costly things they need to do something about so far in just a couple of days [2015-11-05 05:49:06] guywithanicebike : please let them know for the sake of all of us :) [2015-11-05 05:50:31] SnackyCoins : what do you find yourself flipping it on and off for? [2015-11-05 05:51:10] SnackyCoins : (a confirmation dialogue when using the checkbox might be a good idea) [2015-11-05 05:51:18] mikeh : i usually have it on cross for the initial buy so i don't get liquidated, then go to isolate and adjust the margin manually from the positions list [2015-11-05 05:51:42] SnackyCoins : ah [2015-11-05 05:52:16] mikeh : just gives me more room to breath with isolate because their stop limits keep failing me [2015-11-05 05:54:04] dynamike23 : holy caress [2015-11-05 05:56:29] dynamike23 : just another day in bitcoinland [2015-11-05 05:57:22] laisee : it's buying time again ...t [2015-11-05 05:57:44] joequant : wow. The funny ting is that even though I know why this is happening, I still get burned. [2015-11-05 05:57:54] joequant : Catching a falling knife. [2015-11-05 05:58:52] laisee : ha. falling axe ... [2015-11-05 06:00:13] laisee : I see value in the market at these prices /s [2015-11-05 06:00:27] joequant : yeah and I had a damned open position without a stop loss. [2015-11-05 06:00:33] joequant : :-( [2015-11-05 06:00:41] laisee : bugger [2015-11-05 06:00:42] dynamike23 : tough break [2015-11-05 06:02:20] joequant : oh well. it happens so often that I'm used to it :-) [2015-11-05 06:05:04] dynamike23 : I'm still too scared so I'm sitting in the sidelines most of the time [2015-11-05 06:08:24] joequant : It's fine if you are scared while sitting on the sidelines. big problems when you freeze while crossing the road, or while parachuting :-) [2015-11-05 06:09:55] mikeh : annoying, another insta-liquidation on short this time, not sure why.. fair price was a long way off [2015-11-05 06:10:08] SnackyCoins : dyna: good. you are better off than #420YOLOALLIN [2015-11-05 06:10:21] dynamike23 : joequant: sounds like you're a seasoned veteran [2015-11-05 06:10:30] joequant : actually no. [2015-11-05 06:10:38] SnackyCoins : 100x was not designed for this kind of volatility [2015-11-05 06:10:39] joequant : I've only been trading for a year. [2015-11-05 06:10:40] micmix : anyone else having problems with OKC API? our bots getting 502 errors for the last 10 minutes [2015-11-05 06:10:50] SnackyCoins : 100x was released 2 months ago when we would move $3 in a whole day [2015-11-05 06:10:58] dynamike23 : i wanted to yolo... [2015-11-05 06:11:16] SnackyCoins : micmix: yep [2015-11-05 06:11:36] micmix : SnackyCoins: DDOS dump again :-( [2015-11-05 06:11:47] SnackyCoins : #thistimeisdifferent [2015-11-05 06:12:08] SnackyCoins : LOL LOOK AT IT DUMP [2015-11-05 06:12:10] SnackyCoins : wow [2015-11-05 06:12:14] SnackyCoins : ohh god wow [2015-11-05 06:12:15] SnackyCoins : okcn [2015-11-05 06:13:15] laisee : bigger than a dump ... [2015-11-05 06:13:35] dynamike23 : i feel like such a tiny fish [2015-11-05 06:13:39] dynamike23 : tadpole even [2015-11-05 06:14:18] laisee : guess 60% of OKC accounts got liquidated in last few mins ... [2015-11-05 06:14:43] micmix : DDOS dumps are brutal. With MM bots pulling orders there is no liquidity and everyone tries to close [2015-11-05 06:14:56] SnackyCoins : welcome to bitcoin 8) [2015-11-05 06:15:50] laisee : extreme capitalist free markets t ;-) [2015-11-05 06:16:01] SnackyCoins : Xìtǒng shēngjí zhōng, yùjì huīfù shíjiān 00:05 System upgrade, expected recovery time 00:05 [2015-11-05 06:16:06] SnackyCoins : ^ OKC [2015-11-05 06:16:27] dynamike23 : OF ALL TIMES LOL [2015-11-05 06:16:46] laisee : nice timing [2015-11-05 06:16:47] SnackyCoins : http://i.imgur.com/1pBTW3n.gif [2015-11-05 06:18:42] BitMEX_Wally : <img src="http://i.imgur.com/1pBTW3n.gif"> [2015-11-05 06:18:53] dynamike23 : ^ [2015-11-05 06:19:19] SnackyCoins : Didn't know you could insert images directly :) [2015-11-05 06:19:20] BitMEX_Wally : I am BitMEX and I approve this message [2015-11-05 06:19:27] BitMEX_Wally : Only admins can :) [2015-11-05 06:19:28] laisee : I'm being hyptnoized ... [2015-11-05 06:19:36] SnackyCoins : ha, probably for the best ;) [2015-11-05 06:21:06] laisee : keep hearing gentle words about BUY BUY BUY [2015-11-05 06:21:31] SnackyCoins : yeah, well you'd be in the majority [2015-11-05 06:21:50] SnackyCoins : unfortunately the majority of traders lose money [2015-11-05 06:24:47] dynamike23 : after trading bitcoin, the regular markets must be boring af [2015-11-05 06:25:03] mikeh : omfg, liquidated again because of isolate which i turned off earlier [2015-11-05 06:25:35] dynamike23 : mikeh: i always play with isolate off [2015-11-05 06:25:44] dynamike23 : thats so lame it didn't save it for you [2015-11-05 06:26:15] mikeh : i have it off, then change it in the position list for a specific order but it sets the default for the next order [2015-11-05 06:26:47] dynamike23 : does this dead cat bounce have legs? probably not right? [2015-11-05 06:27:53] micmix : BitMEX_Wally: can you answer a question about websocket API or it's Sam's department? [2015-11-05 06:28:06] BitMEX_Wally : micmix: Sure [2015-11-05 06:28:10] TschavaTschigger : the best thing is isolation disabled + market order + only troll orders on the market [2015-11-05 06:28:36] dynamike23 : 1 contract market makers [2015-11-05 06:29:18] micmix : BitMEX_Wally: what websocker messages will I get on settlement? [2015-11-05 06:29:20] BitMEX_Wally : micmix: How can I help? [2015-11-05 06:29:44] BitMEX_Wally : micmix: You will get an `execution` insert with an execType of `Settlement`. [2015-11-05 06:30:21] micmix : BitMEX_Wally: will I get 'order' for active orders that were canceled? [2015-11-05 06:30:37] BitMEX_Wally : Yes, any open orders will be canceled, so you will get the usual message for them [2015-11-05 06:31:07] BitMEX_Wally : There will be an `execution` insert to cancel the order, and the `order` will get an update too [2015-11-05 06:31:09] wurstgelee : wtf happened in the last 4 hours? :) [2015-11-05 06:31:53] micmix : BitMEX_Wally: ok, thanks. Is there any description of different execType messages and the data in those messages? [2015-11-05 06:32:33] mikeh : i was raped despite calling the highs and lows [2015-11-05 06:33:50] BitMEX_Wally : micmix: An `execType` of `Settlement` is the same as `Trade` really [2015-11-05 06:34:12] BitMEX_Wally : The order and execution semantics follow the FIX protocol: http://www.fixtradingcommunity.org/FIXimate/FIXimate3.0/ [2015-11-05 06:34:53] dynamike23 : BitMEX_Wally: thanks for that link [2015-11-05 06:35:10] ohmannomma : do you have a button for dodgy closures? [2015-11-05 06:35:49] BitMEX_Wally : ohmannomma: You can submit a Close Limit order [2015-11-05 06:36:04] BitMEX_Wally : We are going to support Close Market soon [2015-11-05 06:36:10] ohmannomma : no, i mean if you have such a button [2015-11-05 06:36:27] BitMEX_Wally : Not yet [2015-11-05 06:36:54] micmix : BitMEX_Wally: excellent, thank you, that makes it easy. Any plans for FIX support? I think I asked several month ago and was told by the end of the year. [2015-11-05 06:37:08] ohmannomma : i see.. but the numbers near the positions are not clear on purpose, right? [2015-11-05 06:37:37] BitMEX_Wally : ohmannomma: Sorry, what do you mean by 'dodgy' or 'not clear'? [2015-11-05 06:38:15] ohmannomma : i opened one at 413something and it disappeared with default margin